U.S. Cannabis Demand Continues to Soar


A NY Post report reported on increasing usage of cannabis in the United States. It gives cannabis investors with an intriguing snapshot of the possible of the cannabis sector in two respects.

Given that 2002, cannabis consumption has risen by 47 % in cannabis-legal states, according to a survey carried out by the Rockefeller Institute. Even in states that have not legalized cannabis, usage has risen by an typical of 33 %.

For cannabis investors, these are strongly constructive numbers. But note the predictably primitive manner in which the NY Post expresses this information.

America’s gone to pot, with the quantity of marijuana smokers spiking dramatically— even in states exactly where it is illegal — in current years, a new study shows.

The quantity of people who admitted to month-to-month weed use in states exactly where the drug is not permitted recreationally has soared 33 % because 2002, according to an evaluation of federal information by the Rockefeller Institute of Government.

And the enhance is even, effectively, higher — 47 % — in states exactly where lighting up is legal, according to the sprawling survey of all 50 states.

“America’s gone to pot…”

“The quantity of people who admitted to month-to-month weed use…”


Far more enlightened readers know that cannabis is a protected, healthful substance. The cannabinoids in the cannabis plant (the active components) are also created naturally inside the human physique.

Cannabinoids are crucial to our overall health. Their properties are pretty equivalent to these of vitamins.

Picture the NY Post was writing an report about vitamin C consumption. How ludicrous would it seem if it wrote the report in the following terms?

America’s gone to oranges, with the quantity of vitamin C customers spiking substantially – even in states exactly where it is illegal – in current years, a new study shows.

The quantity of people who admitted to month-to-month orange consumption exactly where vitamin C is not permitted recreationally has soared 33 % because 2002…

The mainstream media has been “warning” us about protected, benign cannabis for 100 years. Even as cannabis is legalized state-by-state (and quickly nationally), apparently these vacuous warnings are going to continue.

Back in the genuine globe, cannabis is quickly becoming a preferred customer trend amongst Americans. It is becoming the recreational drug-of-option amongst educated specialists – precisely due to the fact it is so substantially safer and healthier than the legal options: alcohol and tobacco.

The challenge standing in the way of all this legal customer demand (and possible investor earnings) is government.

States across the U.S. (and provinces in Canada) insist that “eliminating the cannabis black market” is 1 of their top rated priorities as they legalize pot. But (in most circumstances) their actions completely undermine this target.

They more than-tax cannabis. They more than-regulate cannabis. They present inadequate retail access.

In California, voters demanded that cannabis be legal by state ballot. But the gutless state government has permitted neighborhood governments to opt in (or opt out) of legalizing cannabis.

Almost 90% of California counties nonetheless have some level of cannabis Prohibition in spot. California compounds this folly by more than-taxing cannabis and producing a steadily shifting maze of regulations for the legal sector.

As a outcome, California’s cannabis black marketplace continues to claim 60% of marketplace share. These are income dollars that really should be flowing into the pockets of (legal) cannabis businesses – and their shareholders. These are extra tax dollars that really should be flooding into state coffers.

As an alternative, California’s government has regressed to the failed pondering of the 1980’s with a new War on Drugs. It is spending vast amounts of tax dollars attacking its cannabis black marketplace, even although this heavy-handed law enforcement operation is doomed to failure.

Nearby, Colorado is currently winning the battle against the cannabis black marketplace with out spending a dime. Just affordable taxation and sector-friendly regulation.

Colorado has the biggest, healthiest cannabis sector in the United States (in proportionate terms). It has the smallest cannabis black marketplace.

Scrape away the anti-cannabis hysteria of the NY Post and cannabis investors get a glimpse of the possible of cannabis demand in the United States.

It is quickly becoming much more preferred even in states exactly where cannabis is illegal as customers (increasingly) ignore antiquated anti-cannabis laws. It is America’s 21st century Tea Celebration.

Anti-cannabis U.S. states, the federal government, and all these politicians looking for re-election can continue to oppose this New Tea Celebration at their personal peril.

For cannabis investors, the message is also clear. Cannabis demand can only go up. Existing revenues for the legal cannabis sector stay just the tip of the iceberg in terms of the possible size of this marketplace.

Cannabis stock valuations across North America continue to lag these constructive fundamentals. Sophisticated investors will conveniently recognize the chance right here.



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